Real interest rate — all countries

Real interest rate — Vietnam

Real interest rate in Vietnam in 2023 — 7.01%. Ranked 31 in the world out of 91. Since 1993, the indicator has fallen by 5.57 pp.

2023 7.01% +3.59 pp vs 2022
World rank 31of 91
Period maximum 12.58%1993
Period minimum -20.5%2010

Trend over time

1993–2023 · % per annum

Real interest rate — Vietnam, 1993–2023-30-20-1001020199319961999200220052008201120142017202020231993: 12.58%1996: 10.49%1997: 7.34%1998: 5.11%1999: 6.59%2000: 6.91%2001: 6.62%2002: 4.17%2003: 2.21%2004: 1.19%2005: -6.55%2006: 2.4%2007: 1.41%2008: -5.62%2009: 3.63%2010: -20.5%2011: -3.67%2012: 4.03%2013: 6.09%2014: 4.79%2015: 8.99%2016: 5.05%2017: 2.59%2018: 3.61%2019: 5.16%2020: 6.09%2021: 4.79%2022: 3.42%2023: 7.01%
Change over the period: −5.57 pp Annual average: -0.19 pp
Real interest rate — Vietnam, by year Vietnam All countries CSV XLSX
Year % Change, pp
2023 7.01 +3.59 pp
2022 3.42 −1.37 pp
2021 4.79 −1.3 pp
2020 6.09 +0.93 pp
2019 5.16 +1.55 pp
2018 3.61 +1.02 pp
2017 2.59 −2.46 pp
2016 5.05 −3.94 pp
2015 8.99 +4.2 pp
2014 4.79 −1.3 pp
2013 6.09 +2.06 pp
2012 4.03 +7.7 pp
2011 -3.67 +16.82 pp
2010 -20.5 −24.12 pp
2009 3.63 +9.24 pp
2008 -5.62 −7.03 pp
2007 1.41 −0.99 pp
2006 2.4 +8.95 pp
2005 -6.55 −7.74 pp
2004 1.19 −1.02 pp
2003 2.21 −1.95 pp
2002 4.17 −2.46 pp
2001 6.62 −0.28 pp
2000 6.91 +0.32 pp
1999 6.59 +1.48 pp
1998 5.11 −2.22 pp
1997 7.34 −3.16 pp
1996 10.49
1993 12.58

South-Eastern Asia, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

Source: World Economic Outlook (IMF), license IMF open data.